Freddie Mac's analysis on appraisal bias was based on 12 million appraisals spanning 2015 through 2020.

The alterations unveiled by the Federal Housing Finance Agency touch on the prescribed leverage buffer and the capital treatment of CRT transactions.

The lead book-running managers on the IPO were Goldman Sachs and JPMorgan Securities...

In the mortgage industry, the FCA has been used by the Department of Justice and Department of Housing and Urban Development to punish FHA lenders for sloppy underwriting practices that led to defaults.

Credit losses at the private mortgage insurers fell 47.5% from 1Q21 to 2Q21...

The number of Ginnie loans one-payment past due jumped 17.3% from March to June, pushing the delinquency rate for the category to 2.06%. That compared favorably to a 3.60% 30-day delinquency rate two years ago.

Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.

Despite the fact that PMI has been acting as a reinsurer to Arch Mortgage Insurance (Arch bought some of its assets in 2014 as it gained entry to the sector), PMI has a bare-bones website and a skeleton management crew headed by Ray Chang and Thomas Clancy, who are listed as chief financial officer and chief operating officer, respectively.

Both the FHA (11.1%) and the VA insurance programs (20.4%) saw significant increases in purchase-mortgage activity...

Priority Financial still wants a Ginnie eagle and believes it has the financial wherewithal to make grade. “We want to resubmit, but we’ve had no communication from them,” said CEO Mark Shenkman.